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Increase transparency and erase doubt from financial decisions

Gain insight into the internal and external factors that affect your company's bottom line and share these across your organization

The Challenge

Other business departments often rely on finance to provide correct company data to support consistent decsion-making, so it's vital for finance professionals to have access to timely, accurate information.
Supporting Content
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Static reports are cumbersome and instantly out of date: Access to new and up-to-date information is crucial for any finance professional or cost center manager. A PDF or a paper document churned out by a finance system is not sufficient when you're trying to operate efficiently. Static reports like these are cumbersome, never up-to-date and can be difficult to navigate to make correct decisions.

Combining disparate data sources wastes valuable time: When the time taken to collate data for reporting eats into a finance manager's day it takes them away from their day job, which is where they should be focusing their efforts. What they really need is fast access to information that answers their key questions, freeing them to get on with their daily tasks.

Old data leads to inconsistent decisions: Without access to up-to-date and timely information it's hard to benchmark performance against budgets and targets, leading to confusion and inconsistent decisions. What you need is a consistent, up-to-date view of important metrics, where each manager sees critical information about their part of the business and how they are performing relative to plan.

The Solution

With DecisionPoint, you always have relevant and correct data at your fingertips, so you can optimize budgets, manage risks, control costs and align financial and accounting data to increase transparency and erase doubt from financial decisions.

Connect
Direct connectivity saves time and money

With DecisionPoint, you always have relevant and correct data at your fingertips, so you can optimize budgets, manage risks, control costs and align financial and accounting data to increase transparency and erase doubt from financial decisions.

Create
Create and use operational performance apps:

DecisionPoint information apps are quick and easy to create. They can be created by any finance manager because they use a similar skillset to Excel. These apps can be shared with non-finance business users and executives so they can compare financial KPIs across the organization to highlight areas in need of change to reduce costs and increase profit margins.

Analyze
Increase revenue whilst maintaining or reducing costs:

A DecisionPoint information app can enable finance professionals to analyze profit and loss, including fraud profiling, product sales analysis, market segment analysis and risk analysis.

Track Assets
Manage assets:

Financial departments keep track of extensive and varied assets in different forms. By analyzing this data from one consolidated DecisionPoint app, organizations can determine which assets are most profitable, how to maximize profitability and ensure all assets are properly managed.

Manage Risk
Risk management:

As well as ensuring their own security, many finance departments need risk management strategies to meet regulatory requirements. Information apps enable finance managers to implement and keep track of these strategies to meet their statutory obligations. It is important for financial departments to move swiftly, and interactive dashboards can provide an up-to-date, comprehensive picture of credit risk and market risk that they can trust.

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What you get

12 month subscription to DecisionPoint, including support and maintenance:
  • Connect and merge data from different sources, e.g. spreadsheets, accounting software, budgeting systems, SAP BW, etc.
  • Create stunning information apps without coding
  • Deliver to mobile devices (and desktop browsers), empowering your business people wherever they are
  • Schedule refresh of your data to make sure people always see the most recent numbers
  • Ensure each manager sees the big picture so he or she can make the correct decisions for your business

The Takeaway

With DecisionPoint, finance departments can quickly create information apps that provide insight into the internal and external factors that affect the bottom line and can easily share this information with other managers across the organization to drive enhanced performance.

Are you ready to squeeze more value out of your financial data?

Request a demo today

Customer Success Story:

Together Housing

Empowering employees with the performance information they need to deliver brilliant services in the housing sector
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